By Ashley Barker
Published March 24, 2014
A Maverick Southern Kitchens restaurant is no longer in the works for the Mount Pleasant area, according to the company.
A 145-seat restaurant was expected to open in March in The Boulevard, a mixed-use development on Coleman Boulevard. The property was sold by The Beach Co. in January for $66.5 million to TR Boulevard Corp., an entity of Heitman Capital Management LLC. It’s represented locally by Greystar Real Estate Partners LLC.
Maverick Southern Kitchens’ founder and president, Dick Elliott, said in a statement that he and the new owners “mutually agreed to terminate the lease contract that began last June.”
Planners discovered in September that major building changes would be necessary for the construction of the restaurant. The design, engineering and permitting of the changes were complete in mid-January, the news release said. But the new owners found that it would take much longer to complete construction than expected so the lease was terminated.
“When we learned the process was delayed an additional four to five months, we decided the restaurant could not wait that much longer,” Elliott said in a statement. “We were excited to be part of the revitalization of Coleman Boulevard, so we’re disappointed that won’t happen.”
Maverick Southern Kitchens owns and operates the Old Village Post House; Slightly North of Broad; High Cotton in Charleston and Greenville; and Charleston Cooks in Charleston, Greenville and Columbia.
Reach Ashley Barker at 843-849-3144 or @AshleyNBarker.